Form 8.5 (EPT/NON-RI) - Barratt Developments plc

Barclays PLC

30 July 2024

 

FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.	KEY INFORMATION
(a)	Name of exempt principal trader:			BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose  relevant securities this form relates:			BARRATT DEVELOPMENTS PLC
(c)	Name of the party to the offer with which exempt  principal trader is connected			REDROW PLC
(d)	Date position held/dealing undertaken:			29 Jul 2024
(e)	In addition to the company in 1(b) above, is the exempt principal  trader making disclosures in respect of any other party to the offer?			YES:  REDROW PLC
2.	POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing (if any)
Class of relevant security:				10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				10,472,040	1.07%	4,974,854	0.51%
(2) Cash-settled derivatives:				3,936,695	0.40%	9,114,814	0.94%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,408,735	1.48%	14,089,668	1.45%
(b)	Rights to subscribe for new securities (including directors and other executive options)
Class of relevant security in relation to  which subscription right exists
Details, including nature of the rights  concerned and relevant percentages:
3.	DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Total number of  securities	Highest price per unit  paid/received	Lowest price per unit  paid/received
10p ordinary	Purchase	738586	5.2773  GBP	5.1780  GBP
10p ordinary	Sale	1148783	5.2820  GBP	5.1779  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Increasing Long	3,883	5.2642  GBP
10p ordinary	SWAP	Decreasing Long	2,640	5.2359  GBP
10p ordinary	CFD	Increasing Long	16,078	5.2287  GBP
10p ordinary	CFD	Increasing Long	14,109	5.2332  GBP
10p ordinary	CFD	Increasing Long	5,549	5.2667  GBP
10p ordinary	CFD	Increasing Long	811	5.2755  GBP
10p ordinary	CFD	Increasing Long	10,287	5.2759  GBP
10p ordinary	CFD	Decreasing Long	689	5.1783  GBP
10p ordinary	CFD	Decreasing Long	811	5.2304  GBP
10p ordinary	CFD	Decreasing Long	26,365	5.2575  GBP
10p ordinary	CFD	Decreasing Long	466	5.2611  GBP
10p ordinary	SWAP	Decreasing Short	58	5.2399  GBP
10p ordinary	SWAP	Decreasing Short	4,079	5.2550  GBP
10p ordinary	SWAP	Increasing Short	100	5.2379  GBP
10p ordinary	SWAP	Decreasing Short	774	5.2309  GBP
10p ordinary	SWAP	Opening Long	26,142	5.2757  GBP
10p ordinary	SWAP	Closing Long	25,466	5.2760  GBP
10p ordinary	SWAP	Increasing Long	1,025	5.2636  GBP
10p ordinary	SWAP	Increasing Long	8,224	5.2740  GBP
10p ordinary	SWAP	Opening Short	2,696	5.2079  GBP
10p ordinary	SWAP	Increasing Short	580	5.2397  GBP
10p ordinary	SWAP	Increasing Short	17,970	5.2429  GBP
10p ordinary	SWAP	Increasing Short	7,716	5.2535  GBP
10p ordinary	SWAP	Increasing Short	67,465	5.2546  GBP
10p ordinary	SWAP	Increasing Short	18,659	5.2773  GBP
10p ordinary	SWAP	Decreasing Short	184,265	5.2461  GBP
10p ordinary	SWAP	Decreasing Short	26,785	5.2490  GBP
10p ordinary	SWAP	Decreasing Short	702	5.2680  GBP
10p ordinary	SWAP	Decreasing Short	113,617	5.2760  GBP
10p ordinary	SWAP	Decreasing Short	313	5.2820  GBP
10p ordinary	SWAP	Increasing Short	34,690	5.2293  GBP
10p ordinary	SWAP	Increasing Short	104	5.2300  GBP
10p ordinary	SWAP	Increasing Short	19,683	5.2431  GBP
10p ordinary	SWAP	Increasing Short	55,520	5.2691  GBP
10p ordinary	SWAP	Decreasing Short	2,000	5.2059  GBP
10p ordinary	SWAP	Decreasing Short	1,448	5.2092  GBP
10p ordinary	SWAP	Decreasing Short	16,449	5.2285  GBP
10p ordinary	SWAP	Decreasing Short	13,558	5.2316  GBP
10p ordinary	SWAP	Decreasing Short	5,965	5.2358  GBP
10p ordinary	SWAP	Decreasing Short	7,712	5.2385  GBP
10p ordinary	SWAP	Decreasing Short	43,386	5.2491  GBP
10p ordinary	SWAP	Decreasing Short	662	5.2499  GBP
10p ordinary	SWAP	Decreasing Short	45	5.2519  GBP
10p ordinary	SWAP	Decreasing Short	178	5.2661  GBP
10p ordinary	SWAP	Increasing Short	12,712	5.2627  GBP
10p ordinary	SWAP	Increasing Short	13,193	5.2654  GBP
10p ordinary	SWAP	Increasing Short	906	5.2660  GBP
10p ordinary	SWAP	Increasing Short	1,298	5.2665  GBP
10p ordinary	SWAP	Increasing Short	1,693	5.2705  GBP
10p ordinary	SWAP	Increasing Short	23,946	5.2760  GBP
10p ordinary	SWAP	Decreasing Short	606	5.2510  GBP
10p ordinary	SWAP	Decreasing Short	17,162	5.2477  GBP
10p ordinary	SWAP	Decreasing Short	49,127	5.2537  GBP
10p ordinary	SWAP	Opening Long	89,822	5.2760  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  applicable)
4.	OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,  formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by  the exempt principal trader making the disclosure and any party  to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between  the exempt principal trader making the disclosure and any other person relating to:  (i)   the voting rights of any relevant securities under any option; or  (ii)   the voting rights of future acquisition or disposal of any relevant securities to which  any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				30 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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